Global Markets for Oleochemical Fatty Acids

The global market for natural fatty acids reached nearly $17.1 billion and $18.3 billion in 2013 and 2014, respectively. This market is expected to grow at a compound annual growth rate (CAGR) of 7.1% to $25.7 billion for the period 2014-2019.
   
This report provides:
-An overview of the global markets for oleochemicals, including natural fatty acids, biodiesel and methyl esters, glycerine, as well as derivatives such as soaps, dimers, branched fatty acids, and fatty alcohols.
-Analyses of global market trends, with data from 2013 and 2014, and projections of CAGRs through 2019.
-Examination of applications by end market, such as household, personal care, oil field, and lubricants.
-Discussion of current and potential legislation that will affect the industry.
-Coverage of consumer trends that drive many of the end markets, such as cleaning, beauty, and food.

INTRODUCTION

STUDY GOALS AND OBJECTIVES
This BCC Research study is focused on the natural-based fatty acid industry, which is part of the wider oleochemical industry. The natural-based fatty acid industry has been a workhorse in the chemical industry for a number of years, but it is a brightly burning star today, fueled by the green chemistry agenda. The reason is that the raw material consumed to produce the oleochemicals is mainly based on material that is renewable, sustainable and readily biodegradable.

This study reviews how the industry has recovered since the economic slowdown of 2008 and 2009 and how it will develop and change over the next five years through 2019. It looks at the basic oleochemical business of fatty acids based on fats and oils and touches upon the impact of the biodiesel industry on the market. It presents historical demand data for 2013, estimates for 2014 and projections for 2019. It reviews the main markets for the major acid types from stearic acid, distilled fatty acids, polyunsaturated (including tall oil fatty acid: TOFA), fractionated fatty acids and monounsaturated oleic acid. It reports on market sectors; reviews latest technology developments, including the patent space; provides a regional perspective; examines the changing landscape of raw material and reviews the byproduct glycerin market.

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